YU Televentures, a Micromax subsidiary, is ready to introduced its second major smartphone after the Yureka. The Indian company has been sharing teasers about the new smartphone under the label Project Caesar. Now the YU Televentures official Twitter account has shared an update which clearly states the arrival of the next major handset. Quite obviously the Yuphoria will feature Cyanogen 12 OS based on Android 5.0 Lollipop. YU will introduce the Yuphoria smartphone on May 12 but there are no details available on the specifications, price, and availability of the smartphone.